Found this story on ESPN. Anyone know what is covered and more importantly, how much is NOT covered, by one of our "full ride" scholarships? I really want to know because I have set up an endowment to the athletic department upon my demise, with the instruction that it was to fund at least one basketball scholarship on a perpetual basis to take care of ALL the student's needs. This article is an eye-opener and I guess I need to find out a little bit more about this to see if what I had intended is going to happen instead of my endowment going into a general athletic fund. Sorry, I just don't care about the other sports -- my love is basketball and that is where I want my money to go.
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"Full Ride" Scholarships not exactly that
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Re: "Full Ride" Scholarships not exactly that
Originally posted by Shox21Found this story on ESPN. Anyone know what is covered and more importantly, how much is NOT covered, by one of our "full ride" scholarships? I really want to know because I have set up an endowment to the athletic department upon my demise, with the instruction that it was to fund at least one basketball scholarship on a perpetual basis to take care of ALL the student's needs. This article is an eye-opener and I guess I need to find out a little bit more about this to see if what I had intended is going to happen instead of my endowment going into a general athletic fund. Sorry, I just don't care about the other sports -- my love is basketball and that is where I want my money to go.
http://sports.espn.go.com/ncaa/news/story?id=5728653"I not sure that I've ever been around a more competitive player or young man than Fred VanVleet. I like to win more than 99.9% of the people in this world, but he may top me." -- Gregg Marshall 12/23/13 :peaceful:
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Remember when Nancy Pelosi said about Obamacare:
"We have to pass it, to find out what's in it".
A physician called into a radio show and said:
"That's the definition of a stool sample."
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I'm not certain, but I'm confident you are about to run into something called "NCAA regulations".
Just as an example, think of a phone bill. Nothing fancy - just a simple land line. Orukpe's bill could get pretty high if he stays in contact with any of his friends from Nigeria.
I would wager that there is no NCAA-legal way to have that bill paid by any means other than Ehimen's pocket. There is probably a clothing requirement - a certain type of clothing is required at certain events. That's another areas that's probably illegal to contribute to according to the NCAA.
In the simplest terms, nothing that is not available to any student can be provided to a student athlete. If you wanted to set up a scholarship that covered telephone use, you'd have to make that scholarship available to all students.
I believe athletic scholarships are pretty much limited to tuition, books, room, board, and a small allowance for incidentals. I don't understand how some of the inner-city kids on scholarship can ever visit their families or even buy clothes with the restrictions on athletes having employment. The families of some of these kids can't afford much of anything.The future's so bright - I gotta wear shades.
We like to cut down nets and get sized for championship rings.
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Any kid that comes from a truly poor background will qualify for grants and that money can be spent on anything. Trust me, me and my xbox learned these things.
Any kid that has enough talent to get paid by agents but can't qualify for grants can qualify for loans that will easily be paid off by the signing bonus.
Lastly any kid who gets a full ride but doesn't qualify for loans and grants still got a full freaking ride which is a lot more then the vast majority of his peers.
Shox21, I don't tell people what to do with their money unless they are a business with tech needs. Having said that, if I were you, I wouldn't worry about incidentals.
PS - It is 2010. No one uses a landline. Odds are EO will use Skype to call his friends and family for free.
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Originally posted by RosewoodShox21, I don't tell people what to do with their money unless they are a business with tech needs. Having said that, if I were you, I wouldn't worry about incidentals.
If I am going to provide funds for full scholarships, I would like to know that the player would have the peace of mind to concentrate on his studies and his basketball playing without worrying about "incidentals." By the way, I'm not completely sports minded -- I also provided for an academic scholarship.
Am I to understand from what has been said here on this board that if you have a full ride "athletic" scholarship you cannot have any kind of employment (I assume because of all the added time taken for the sport), but if you are on an academic scholarship, you can supplement with a job?
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Shox21, you might find this article to be of interest, particularly the 3rd-to-last paragraph.
The NCAA was sued in federal court Monday in a case that seeks to overturn the governing body's policy of putting one-year limits on athletic scholarships.
In past antitrust suits, judges have often sided with the NCAA when challenged on rules the organization claims are necessary to preserve its notion of amateurism. But the NCAA in 2008 settled a lawsuit brought by former athletes who alleged that the NCAA acted illegally by prohibiting colleges from offering to cover the full cost of attendance for student-athletes. (emphasis mine)
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